In trading on Monday, shares of Chimera Investment Corp’s 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) were yielding above the 10% mark based on its quarterly dividend (annualized to $2.1692), with shares changing hands as low as $21.50 on the day. This compares to an average yield of 8.03% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, CIM.PRC was trading at a 12.04% discount to its liquidation preference amount, versus the average discount of 13.73% in the “Real Estate” category.

Below is a dividend history chart for CIM.PRC, showing historical dividend payments on Chimera Investment Corp’s 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock:

In Monday trading, Chimera Investment Corp’s 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) is currently up about 1.2% on the day, while the common shares (Symbol: CIM) are trading flat.

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Also see:

• Earnings History
• Funds Holding CLRO
• ETFC Videos

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